iShares Core S&P 500 ETF $IVV Shares Sold by Madson Wealth Advisors Inc

Madson Wealth Advisors Inc reduced its position in iShares Core S&P 500 ETF (NYSEARCA:IVV) by 17.6% in the 3rd quarter, according to its most recent filing with the SEC. The fund owned 6,447 shares of the ETF’s stock after selling 1,373 shares during the period. iShares Core S&P 500 ETF comprises 3.5% of Madson Wealth Advisors Inc’s holdings, making the stock its 11th largest position. Madson Wealth Advisors Inc’s holdings in iShares Core S&P 500 ETF were worth $4,937,000 at the end of the most recent quarter.

Several other hedge funds have also bought and sold shares of the company. Sax Wealth Advisors LLC increased its holdings in shares of iShares Core S&P 500 ETF by 26.4% during the 3rd quarter. Sax Wealth Advisors LLC now owns 45,488 shares of the ETF’s stock worth $34,837,000 after acquiring an additional 9,492 shares during the last quarter. ALM First Financial Advisors LLC raised its stake in iShares Core S&P 500 ETF by 41.9% in the 3rd quarter. ALM First Financial Advisors LLC now owns 33,130 shares of the ETF’s stock valued at $25,373,000 after acquiring an additional 9,775 shares during the period. Fragasso Financial Advisors Inc raised its stake in iShares Core S&P 500 ETF by 0.9% in the 3rd quarter. Fragasso Financial Advisors Inc now owns 430,546 shares of the ETF’s stock valued at $336,674,000 after acquiring an additional 3,995 shares during the period. NorthCrest Asset Manangement LLC lifted its holdings in iShares Core S&P 500 ETF by 0.8% during the 3rd quarter. NorthCrest Asset Manangement LLC now owns 16,519 shares of the ETF’s stock valued at $12,840,000 after purchasing an additional 135 shares during the last quarter. Finally, Vertrix Wealth Management LLC lifted its holdings in iShares Core S&P 500 ETF by 1.2% during the 3rd quarter. Vertrix Wealth Management LLC now owns 1,875 shares of the ETF’s stock valued at $1,436,000 after purchasing an additional 22 shares during the last quarter. 70.12% of the stock is currently owned by institutional investors and hedge funds.

iShares Core S&P 500 ETF Stock Down 0.1%

Shares of IVV traded down $0.74 during trading hours on Tuesday, hitting $780.70. The company had a trading volume of 889,195 shares, compared to its average volume of 7,827,896. The firm has a market cap of $895.07 billion, a price-to-earnings ratio of 25.10 and a beta of 1.00. The business has a fifty day moving average of $771.87 and a 200-day moving average of $744.21. iShares Core S&P 500 ETF has a 12 month low of $632.14 and a 12 month high of $785.03.

iShares Core S&P 500 ETF News Roundup

Here are the key news stories impacting iShares Core S&P 500 ETF this week:

• Positive Sentiment: The S&P 500’s bull market has reached its fourth anniversary, with the index more than doubling from its October 2022 low. The sustained advance supports IVV’s long-term performance and reflects continued investor demand for U.S. large-cap equities. S&P 500 Bull Market Turns 4
• Positive Sentiment: Potential support for the index this week includes third-quarter earnings, cooling energy prices and historically favorable October trading patterns. Strong results from major banks and other large companies could provide another catalyst for IVV. Stock Market: Will S&P 500 Open Up or Down Today?

About iShares Core S&P 500 ETF

iShares Core S&P 500 ETF (the Fund) is an exchange-traded fund. The Fund seeks investment results that correspond generally to the price and yield performance of the Standard & Poor’s 500 Index (the Index). The Index measures the performance of the large-capitalization sector of the United States equity market. The component stocks are weighted according to the total float-adjusted market value of their outstanding shares. The Fund invests in a representative sample of securities included in the Index that collectively has an investment profile similar to the Index.